As a fast-growing Oil & Gas Exploration and Production company, our customer identified a need to gain better business insight across its organization. Multiple solutions were evaluated with the aim of reducing costs through simplification in a unified system.
Several providers were considered, including Oracle, SAP, and Infor. Oracle was selected with Inoapps as partner of choice because of our robust Oil & Gas industry solutions and experience.
One of the key areas for the business to address was an over investment of time and resources on the complexity of joint ventures, which require accurate cost allocation. The business held data in a variety of systems and utilized an invoicing system that pulled data from spreadsheets and other databases.
The disjointed nature of this data and supporting systems led to a lack of transparency and insight into the costs being incurred meaning accurate billing of joint ventures required significant manual effort.
This led to struggles in making informed, strategic decisions, and wasn’t conducive to a modern, agile and creative working environment
